Finance Fusion Network
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Finance Fusion Network
No Result
View All Result

China imposes sanctions on US military firms over Taiwan arms deal

by
December 5, 2024
in Investing
0
China imposes sanctions on US military firms over Taiwan arms deal

China has imposed sanctions on 13 American military companies. This action is a direct response to the United States’ involvement in an arms deal with Taiwan.

The sanctions were confirmed by the Chinese foreign ministry, citing the recent authorization of a potential $385-million sale of military equipment to Taiwan as the primary reason for their decision.

The U.S. arms package includes spare parts and support for F-16 fighter jets and radars, a sale that China views as a violation of its sovereignty and territorial integrity.

China regards Taiwan as part of its territory and has expressed strong opposition to any form of interaction with foreign countries by Taiwan’s leadership, including President Lai Ching-te, whom Beijing considers a separatist.

Among the companies targeted by China’s sanctions are Teledyne Brown Engineering Inc, BRINC Drones Inc, and Shield AI Inc. The list extends to Rapid Flight LLC, Red Six Solutions, SYNEXXUS Inc, Firestorm Labs Inc, Kratos Unmanned Aerial Systems Inc, HavocAI, Neros Technologies, Cyberlux Corporation, Domo (NASDAQ:DOMO) Tactical Communications, and Group W.

These firms have been identified in connection with the U.S. arms sale to Taiwan, prompting the sanctions from China.

The U.S. government had facilitated transit through its territory for Taiwan’s president, an action that further strained relations with China and contributed to the imposition of these sanctions.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

This post appeared first on investing.com
Previous Post

Exclusive-HSBC appoints Lisa McGeough to lead US as CEO Elhedery shuffles leaders

Next Post

Southwest Airlines raises fourth-quarter unit revenue forecast

Next Post
Southwest Airlines raises fourth-quarter unit revenue forecast

Southwest Airlines raises fourth-quarter unit revenue forecast

  • Trending
  • Comments
  • Latest
Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

July 8, 2025
DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

February 7, 2025
Analysis-To weather Trump, emerging market investors look to the frontier

Analysis-To weather Trump, emerging market investors look to the frontier

January 27, 2025
Over 158 million Americans voted in 2024 as Trump reclaimed the White House

Over 158 million Americans voted in 2024 as Trump reclaimed the White House

July 7, 2025
House GOP seeks off-ramp to sky-high health insurance costs for millions of Americans

House GOP seeks off-ramp to sky-high health insurance costs for millions of Americans

0
Harris campaign officials explain what went wrong –  and what Trump did right: report

Harris campaign officials explain what went wrong – and what Trump did right: report

0
New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

0
NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

0
House GOP seeks off-ramp to sky-high health insurance costs for millions of Americans

House GOP seeks off-ramp to sky-high health insurance costs for millions of Americans

December 8, 2025
Trump broke his promise to protect a lifeline for 71 million Americans

Trump broke his promise to protect a lifeline for 71 million Americans

December 8, 2025
Congress unveils $900B defense bill targeting China with tech bans, investment crackdown, US troop pay raise

Congress unveils $900B defense bill targeting China with tech bans, investment crackdown, US troop pay raise

December 8, 2025
Chechen leader threatens Zelenskyy amid drone strike, echoes alleged assassination plot

Chechen leader threatens Zelenskyy amid drone strike, echoes alleged assassination plot

December 8, 2025

    Fill Out & Get More Relevant News

    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent News

    House GOP seeks off-ramp to sky-high health insurance costs for millions of Americans

    House GOP seeks off-ramp to sky-high health insurance costs for millions of Americans

    December 8, 2025
    Trump broke his promise to protect a lifeline for 71 million Americans

    Trump broke his promise to protect a lifeline for 71 million Americans

    December 8, 2025
    Congress unveils $900B defense bill targeting China with tech bans, investment crackdown, US troop pay raise

    Congress unveils $900B defense bill targeting China with tech bans, investment crackdown, US troop pay raise

    December 8, 2025
    Chechen leader threatens Zelenskyy amid drone strike, echoes alleged assassination plot

    Chechen leader threatens Zelenskyy amid drone strike, echoes alleged assassination plot

    December 8, 2025

    Top News

    House GOP seeks off-ramp to sky-high health insurance costs for millions of Americans

    House GOP seeks off-ramp to sky-high health insurance costs for millions of Americans

    December 8, 2025
    Trump broke his promise to protect a lifeline for 71 million Americans

    Trump broke his promise to protect a lifeline for 71 million Americans

    December 8, 2025

    Latest News

    • House GOP seeks off-ramp to sky-high health insurance costs for millions of Americans
    • Trump broke his promise to protect a lifeline for 71 million Americans
    • Congress unveils $900B defense bill targeting China with tech bans, investment crackdown, US troop pay raise

    About Finance Fusion Network

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.